PRICE IMPROVEMENT! Priced Below Market Value! Exactly What You’re Looking For!
*NO HOA. *NO CDD. Exceptional .59-acre Commercial/Mixed Use Lot in Tavares, known as "America’s Seaplane City." This high and dry land is free of environmental concerns and is adjacent to a busy Dunkin' Donuts. Located at the intersection of major artery State Road 19 (S Duncan Dr) and Lake Harris Drive (Dead River Road), this active 4-lane divided road provides excellent visibility and access. The property features 224 ft of frontage on SR-19 by Dunkin' Donuts, 113 ft on Lion Lane, and potentially a third entrance on Forest Drive with 174 ft of frontage. The land is versatile, suitable for various developments including warehouses, professional offices, or a drive-thru café or restaurant. Only entitles with no potentially environmentally harmful impact. For example an oil change shop would likely not be approved.
The area has seen significant commercial and residential growth along State Road-19, a major four-lane road connecting U.S. Route 441 (OBT - Orange Blossom Trail) to the Florida Turnpike (State Road 91 - Ronald Reagan Turnpike). Notable recent developments include a Publix shopping plaza less than 10 years old, along with Taco Bell, Popeyes, and McDonald’s all opening in the past few years. There are others. Multiple major builders in close proximity as well.
Strategically located south of US Hwy 441 (Orange Blossom Trail, aka OBT), this property offers high traffic visibility and is in high demand. For official traffic counts, check FDOT. For permitting details, contact the City of Tavares. This property is minutes from shopping, restaurants, specialty shops, boating ramps, an executive airport, and more. AdventHealth Waterman Hospital is about 3 miles away on US Hwy 441 (OBT).
This prime location offers rare frontage at an exceptional price. With high demand and a vibrant community, this is an unparalleled opportunity for growth. Land value is driven by LOCATION, LOCATION, LOCATION! Conduct your research, bring your builder, and don’t miss out!
SR-19 is a major thoroughfare running south from US Hwy 441 to Howey-In-the-Hills, providing quick access to County Rd 561, County Rd 48, FL Turnpike, and St Rd 429 (with more exits planned). Tavares is about an hour’s drive to Downtown Orlando, Orlando International Airport, East/West coast beaches, and attractions like Universal and Disney World. Nearby facilities include outdoor volleyball, soccer, and baseball fields, as well as indoor basketball and volleyball courts at The Big House. The Lake County Chain of Lakes is renowned for bass fishing tournaments and competitions. Colleges, schools, and hospitals are also nearby.
See the attached survey with topography. Be sure to consult a competent real estate professional that understands the difference between market value (determined by analyzing the sales of similar properties) and assessed value (county property appraiser places value for taxation purposes only). HIGHEST AND BEST USE COULD BE FOUR SINGLE FAMILY HOMES OR DRIVE THRU.
